Sir Homer writes "The MPEG LA has extended their royalty-free license (PDF) for 'Internet Video that is free to end users' until the end of 2016. This means webmasters who are registered MPEG LA licensees will not have to pay a royalty to stream H.264 video for the next six years. However the last patent in the H.264 portfolio expires in 2028, and the MPEG LA has not released what fees, if any, it will charge webmasters after this 'free trial' period is over."
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